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Vietnam Sets Ambitious Economic Growth Targets for 2025 Amid Recovery Efforts
Vietnam: Vietnamese Prime Minister Pham Minh Chinh projects economic growth of 6.5% to 7% for 2025, with an aim to exceed 7% as the government works to balance inflation control with robust expansion. Chinh, addressing the National Assembly, highlighted the government's 2025 inflation target of around 4.5% and a GDP per capita goal of USD 4,900. Despite recent economic impacts from Super Typhoon Yagi, which caused USD 3.3 billion in damages, the government remains committed to a growth-driven recovery. The State Bank of Vietnam is also considering policy rate cuts to support businesses and increase capital flow.
Source: Bangkok Post